Indian equity indices ended lower on January 17. The Sensex was down 423.49 points, or 0.55 percent, at 76,619.33, and the Nifty was down 108.60 points, or 0.47 percent, at 23,203.20. Here’s a look at the stocks that are likely to be in the news today.

Adani Energy Solutions

Shares of Adani Energy Solutions Limited (AESL), formerly known as Adani Transmission, were in the news today after the firm said its arm Adani Properties Pvt Ltd to buy 100% equity shares of Super Heights. What is Share Purchase Agreement (SPA) with (APPL) Infraspace Private Limited (SIPL).

Kotak Mahindra Bank

Kotak Mahindra Bank reported a 10% rise in its December quarter net profit to Rs 3,305 crore from Rs 3,005 crore a year ago.

RBL Bank

Private lender RBL Bank has reported an 86% decline in standalone net profit for the December quarter at Rs 33 crore as against Rs 233 crore in the year-ago period.

Geo Financial

Jio Financial reported a consolidated net profit of Rs 295 crore for the quarter ended December 2024, flat against Rs 294 crore reported in the year-ago period.

Wipro

IT firm Wipro reported a year-on-year (YoY) growth of 24.48% in its consolidated net profit for the December 2024 quarter (Q3 FY25). During the quarter under review, profit came in at Rs 3,353.8 crore as against Rs 2,694.2 crore in the year-ago period.

Today’s Earnings

Shares of Zomato, Paytm and IDBI Bank are in focus as the companies will announce their quarterly results today.

Indus Indus Bank

Private lender Gobind Jain’s CFO has resigned, citing plans to pursue other opportunities.

Zydes Life

Zydus Life has received USFDA approval to conduct Phase II(b) clinical trial for Usnoblast.

Gland Pharma

The USFDA has issued an EIR for Gland Pharma’s Pashamilaram facility in Hyderabad. The EIR indicates the closure of inspections, which were conducted from July 25 to August 2, 2024.